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CNN
Nov 2, 2012 9:00am EDT
tough spot for the world economy. and it's not that comfortable but i think you did see the first year dramatic decline and then since that first year, 15 months you've seen some pretty substantial recovery that still has a long way to go before people are going to feel like we're fully recovered. >> austan, let me jump in there. we do still have a long way to go. a couple of charts that a supporter of governor romney would hope people would focus on. first labor force participation rate. it rose slightly to 63.8%. look at this number. back to 1981. let me give you another one. second, the so-called underemployment rate now stands at 14.6%. hey, that's a little bit better. but you know what? this is still a number that a lot of people say is the real feel unemployment rate. >> you're getting -- let's not get a little confused. if you take that real unemployment rate, that's down substantially more over the last three years than the observed regular unemployment rate is down. so you don't want to compare two different numbers. you should take any series and look at that one over ti
CNN
Nov 4, 2012 2:00pm PST
election? and how about the economy? we'll talk about what could be a deciding factor come election day. maybe somewhere around my house. mine's just, right over that way. well you can find out exactly where it is using bing elections. it's a good day for politics. which way do you lean politically? conservative. republican. well, using the bing news selector you can find news from whichever way you lean. (together) social on this side, financial. which party is currently predicted to win a majority in the senate? the republicans? would you make a bet on that? no. are you chicken? tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schw
CNN
Nov 4, 2012 2:30pm EST
aisle on issues that matter most to the american people. do you know he has not met on the economy or on the budget or on jobs with either republican leader of the house or the senate since july? [ booing ] >> instead of bridging the divide, he's made it wider. now, so many of you look at the big debates in this country and you don't look at them as a republican or as a democrat, but first as an american. you've watched what's happened in this country over the last four years with an independent voice. you hoped that president obama would live up to his promise to bring people together, to solve big problems. but he hasn't. and i will. [ applause ] >> let me tell you why he fell so short of what he promised. because he cared more about a liberal agenda than he did about repairing the economy. did obamacare create new jobs? >> no! >> did his war on coal and oil and gas create new jobs? >> no! >> did his dodd/frank regulations make it easier for banks to make more loans? >> no. >> does raising taxes put people to work? >> no! >> does his avalanche of new regulations help small busine
CNN
Nov 4, 2012 4:00pm EST
will bring real change to america from day one. when i'm elected the economy and american jobs will still be stagnant, but i won't waste any time complaining about my predecessor. >> this was the second of four events romney had scheduled for today. next up for the republican candidate is pennsylvania. so america has 50 states, but it's the key battleground state where is the race just might be decided come tuesday. right now cnn estimates that nine states shown here on the make or break states. president obama or 34mitt romne to wing the who is. there's to the all important state of ohio with 18 electoral votes. virginia is one of those key battleground states as well. it's a state that favored barack obama back in 2008, but now the state's electoral votes are very much up for grabs. joining us from bluemont, virginia. virginia jones, what is on the minds of people there in virginia other than that pumpkin smashing you have been seeing all day at great country farms? >> that's right, fredericka, we have been here watching people do this. they call it pumpkin chunking, it's a place
CNN
Nov 3, 2012 2:00pm EDT
rate is a sad reminder that the economy is at a virtual standstill. >> i don't think so. the last month, the unemployment rate came down three ticks. and the romney campaign complained that we hadn't created more jobs. this month, the number of jobs created was 30%, 40% higher than expected and was fairly strong. and then they criticize that the unemployment rate ticked up one tenth. it's the last number before the election, so i think both sides are going to see, try to go through and interpret what it means. i think overall, most economists view it as a fairly solid report. and until we get the growth rate of the economy up faster than 2%, 2.5%, this is probably about what we should expect from a solid report. >> how does one explain the kind of inconsistency? 7.9%. that's up, with unemployment. then you talk about adding 171,000 jobs in october. >> yeah, a great question. a lot of people misunderstood how the jobs work. there's two surveys. the jobs come from a survey of businesses. the unemployt rate comes from a survey of people. each month, there's a lot of variability in bo
CNN
Nov 4, 2012 3:00am EST
inner circle felt he needed to tackle other issue first. like creating jobs and growing the economy. >> you're going to dedicate a minimum year of your presidency. and has real implications on what else can't get done in that year. even when you do that, the chances of success is like 1 out of 1 million. >> he was advised and he knew going in that the politics of it weren't going to be very good. >> the status quo is not working for you. >> but the president believed he could succeed where others before him had failed. >> thank you very much, everybody. d bless you. >> with health care, i think it had to do with the fact, he doesn't want to be just another president, he wants to be a great president. >> the president launched his fight to reform health care and largely outsourced it to congress. members were left to hammer out details on their own. >> i just want to make sure i don't get in the way of all of you moving aggressively and rapidly. >> and the president wanted bipartisan support. >> this time, we will not fail. >> the result? total impasse. >> i want to show you a chart.
CNN
Nov 2, 2012 11:00am EDT
economy that we came out of. so general ly speaking, this is advantage obama, because he has had job growth since he has come into office with the exception of a few months, but, you know, if i were working for the romney came pain, i would say, really? 7.9% unemployment, and job growth that is not anywhere close to what you are saying it is going to be over the next four years and why should we listen to you about that when you have not done it in this period of time. and then the issue of quality of jobs. president obama can say that he has replaced and more every single job that was lost on his watch, because of a recession that he didn't recreate, but presidential candidate romney says, it is not enough. these are not great quality jobs. so i said earlier today that the revisions to august and september and then the new number for october, 171,000, it is in the vicinity of good job creation. plus 200,000 a month would be good job creation. in august we got 192, and then in september down to 171, and that is in the vicinity and going this the right direction, but i dare say that t
CNN
Nov 1, 2012 6:00am PDT
in a significant way at this point. it's been kind of stuck. the economy added 114,000 jobs in september. this one is the last option before the election. it takes on that much more importance. both sides are likely to find something to talk about. president obama would say it's better than the 800,000 jobs we were losing when he took office. and romney could come out and say the unemployment rate is still high. and both would be right. economists would say it doesn't really matter. what's going on in your own life? do you have a job? does your spouse have a job? most people will vote with what is happening in their own lives. >> most people hear blah, blah, blah. >> it is really what you're feeling more than statistical. >>> more charges expected in the penn state sex abuse case against the university's former president, graham spanier. multiple reports say pennsylvania's attorney general is expected to announce perjury and obstruction of justice charges against spanier later today. as you know, spanier, in the wake of sandusky's scandal resigned. and he denied knowing about a
CNN
Nov 2, 2012 9:00am PDT
shows the economy added 171,000 jobs last month. the unemployment rate ticked up to 7.9%. here's what president obama said about these numbers this morning in ohio. >> today our businesses have created nearly 5.5 million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> i want to talk about the economics and the politics of the report with our chief business correspondent ali velshi and john avalon. they're in ohio talking to the voters. ali, let's start with you since you have an economics, numbers guy here. >> yeah. >> we looked at this, and the economy stated by cnn money, they were twpg 125,000 jobs, so this number was higher at 171,000. so you have figures in august and september, also higher than we thought. what do we say about the overall growth and the health of the economy and the recovery? >> you and i talked about this before. i like the jobs creation or job loss numbers. the establishment survey more than i like the unemployment number. by the way, i feel the same way about it when it's low and
CNN
Nov 3, 2012 5:00pm EDT
economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september. and as predicted, both candidates pounced
CNN
Nov 3, 2012 9:00am PDT
idea could be yours. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> the u.s. justice department announced it's sending hundreds of federal observers to monitor polling places. cnn's joe johns joins me from washington. joe, why are they doing this? how unusual is this? >> reporter: it's not that unusual. four years ago they sent roughly the same number out to watch the election in 2008. the bottom line here is they are sendsing quite a number of people, something like 780 federal observers. they'll be going to something like 23 different states, about six or seven battleground states among them. 51 separate jurisdictions within the states, fred. and which states are we talking about? going to be hitting th
CNN
Nov 3, 2012 4:00pm PDT
seizing that unemployment data saying that up tick of 7.9 per cent is proof that this economy is not moving in the right direction. the other thing that he has really been hitting and hitting it hard is this notion of bipartisanship. he -- >> all right. that is cnn's jim acosta traveling with the romney campaign. we'll get back to jim and get that straight for you. we're going to move on now. of course, jim, traveling with the romney campaign, they feel they're going to have some momentum. they hit seven states today. that's a lot of states to cover. debuke is in the center of the campaign today. mitt romney at lunchtime, president obama, there right now. our chief correspondent is there as well. jessica, that city is getting plenty of attention today. at least the two men weren't there at the same time. that would have been a bit awkward. >> yeah, although they would have had an unscripted debate. that would have been unusual and probably good for the public. this state getting so much attention because it is one of those must-win battlegrounds, don. and it tells us so much about th
CNN
Oct 31, 2012 8:00am PDT
trail. we heard mario rubio. i think the closest he got was talking about the state of economy saying this doesn't have to be the new normal and seeing right now is maybe the new normal of the campaign at least for today, sort of steering clear from those really negative attacks that you hear out on the cam pan trail as campaign s win down. it's interesting with president obama and new jersey governor chris christie looking at storm damage later on today. that is one of mitt romney's top surrogates and so sort of fighting fire with fire in terms of surrogates, mitt romney on the campaign trail all day long with jeb bush and marco rubio, and i talked to a top romney adviser about whether or not the gop noom nominee is concerned or trouble with the president out with chris christie. one word from the romney campaign and that's none. speaking of mitt romney, it looks like he's coming out on stage now so i'll throw it back to. >> he is walking up on the stage right now, waving to the crowd, jim. let's listen in as the governor takes to the podium and listen to how the tone may have change
CNN
Oct 27, 2012 7:00pm PDT
economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. our boys. husband's sister's boys. play cousins. i'm just gettin' started. woo! [ male announcer ] shop now and put it on layaway. so, you have more time to pay. walmart. so, you have more time to pay. see life in the best light. [music] transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. >>> worlds of entertainment and politics especially this close to the election bleed into each other, of course. on 30 rock, don cheadle is paid to endorse mitt romney. here it is. >> hi, i'm hollywood liberal don cheadle and i support -- barack obama would have you believe that african-americans are better off under his leadership. but i just got $10 million for appearing in an ad for mitt romney. so ask yourselves, brothers and sisters, who's really got your back? because fro
CNN
Oct 27, 2012 5:00pm EDT
, strong homes, a strong economy. we're going to have a military second to none. we're taking back america. and america is going to remain the hope of the earth. thank you so very much. you guys are great. thank you. >> all right, that o-- is mitt romney in kissimmee, florida, and as you can see as it gets closer it will get louder, and more raucous, ten more days, all you have to deal with. it will be nine more days, after that you wouldn't have to deal with anymore stumping. i thought for a minute he was going to start singing, we should tell you he cancelled after the events in virginia because of the storm coming through. so tomorrow he will campaign in ohio, we'll carry that for you. also, we'll be on the campaign trail with the president, of course, as well. almost nine after the hour, i'm don lemon. and today, all through this week we have our eyes on the politics and severe weather. and it is coming. if you are watching me right now and you're between southern virginia and new england, your world is about to get very dangerous, that means washington, philadelphia, and bosto
CNN
Oct 31, 2012 12:00pm EDT
me, while the issues could not be larger. the state of the economy being one of them, and then when you have a natural disaster on top of the serious issues that we ought to be discussing about the future of the country. i think what you are probably going to see is a tone change. now, i would also say to you that at the end of a campaign is usually a time when you do see a shift in tone because people start making their closing arguments, and you don't ever want to end a presidential campaign on a negative, nasty note. you are going to be running negative ads, sure, but the candidate himself will try and move to a higher ground always at the end of a campaign. >> let's talk a little bit about how this storm might actually impact voter turnout. we're seeing a new poll today that shows the presidential race is actually tightening in pennsylvania. the new franklin-marshall polls showing president obama with a 49% to 45% edge. it's down from last month. there are some areas in pennsylvania that are critical on the east coast, blue collar workers, that the president needs. what do we ma
CNN
Oct 28, 2012 1:00am EDT
bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> worlds of entertainment and politics especially this close to the election bleed into each other, of course. on 30 rock, don cheadle is paid to endorse mitt romney. here it is. >> hi, i'm hollywood liberal don cheadle and i support -- barack obama would have you believe that african-americans are better off under his leadership. but i just got $10 million for appearing in an ad for mitt romney. so ask yourselves, brothers and sisters, who's really got your back? because from where i'm standing, mitt romney is -- oh, my dear -- >> dean is here. your new article on cnn.com, are you getting more material from the right or from the left? >> it depends on what you're talking about. i try to get material from both. i think sometimes some of the politicians on the right give us more material. but some of the stuff this week was ridiculous. you had trump and coulter and s
CNN
Oct 28, 2012 4:00pm EDT
say it's all about the economy. it marks the first time in 40 years that the newspaper has backed a republican and the presidential general election. meanwhile, president obama has added the "new york times" to his endorsement column, the editorial page listed obama's achievement like saving the auto industry and health care reform as reasons for the endorsement. it he has not backed a republican since dwight eisenhower. >> ohio considered quite the price that could win either condition dat at the house. >> obama is scheduled to leave washington, he's not scheduled to leave washington today in fact he's staying close to the white house because of this storm. >> in newest poll in the state of ohio says mitt romney may have condition to be concerned. as we have said, it's a close rate there, we have asked likely voters who their choice is for president. barack obama has a 50%, a 46% margin over mitt romney -- they both have spent several days in the buckeye state and have more on the calendar. >>> critical information for millions of people to know, as hurricane sandy approaches the n
CNN
Oct 30, 2012 6:00am PDT
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CNN
Nov 4, 2012 3:00pm PST
elected, the economy and american jobs will still be stagnant, but i won't waste any time complaining about my predecessor. >> so that was cleveland, ohio. but mitt romney is now in pennsylvania. i told you they were busy. he wraps up the day with an appearance in newport news, virginia. very busy schedule. and that's president obama arriving a little while ago in south florida. he took issue with his opponent's promise of, quote, real change. listen. >> here's the thing, florida. we know what change looks like. what governor romney is offering ain't it. giving more power back to the biggest banks, that's not change. another $5 trillion tax cuts for the wealthy, that's not change. refusing to answer questions about the details of your policies until after the election, that's definitely not change. >> president obama's next stop just down i-71 from where i'm standing right now. he's going to be in cincinnati, then it's out west to colorado before he calls it a night. >> by wait, you see this lovely young woman? we're going to let her ride with me in my limo to the high sch
CNN
Nov 2, 2012 2:00pm EDT
which we can gauge whether the economy is improving. and then, you know, judge the president, what the president is doing. i want you to take a look back to the worst of this recession, guys. this is october of 2009. look at this, the unemployment rate was above 10%. and in this month, 7.9%. you've been traveling to the swing states as i have, what are you hearing, are people feeling better off? today's numbers help any of the candidates? >> well, i tell you, don, we have been on the battleground bus state tour from florida to ohio. people understand the economy is improving. but the real debate is whether it is fast enough and whether mitt romney could have done a better job. in toledo, ohio, today, one of the battle ground counties of ohio, the must win buckeye state, i spoke to mayor bell, he put it out that january 2009, unemployment here was 12.6% in this county. today it is around 7.5, lower than the national average. that is a measurable improvement. that doesn't mean the economy is going on all cylinders right now. but there is measurable improvement, and that becomes -- for bi
CNN
Nov 4, 2012 11:30am PST
. because he cared more about a liberal agenda than he did about repairing the economy. did obamacare create new jobs? >> no! >> did his war on coal and oil and gas create new jobs? >> no! >> did his dodd/frank regulations make it easier for banks to make more loans? >> no. >> does raising taxes put people to work? >> no! >> does his avalanche of new regulations help small business? >> no! >> well, you got it right. almost every measure he took hurt the economy. and it hurt our fellow americans, 23 million americans are struggling to find a good job. one in six are poor in america today, and the middle class, even those that have a job, the middle class is being squeezed with lower take-home pay and higher costs for insurance and gasoline and for food and clothes. i spoke yesterday with a wife of a 60-year-old man in the prime of his life, of course. you and i agree, don't we, yeah. he said that he has been working as a welder at a company for 40 years, but he just got laid off. he asked what i cou he asked what i could do to help. he made one thing very clear. he doesn't want a gover
CNN
Nov 1, 2012 8:00am PDT
. last hour in roanoke, he hammered away on the economy and how in his words americans are in worse shape today than they were four years ago, he says because of president obama's policies. our jim acosta also working the campaign trail, and this is the nuts and bolts of the reaction. >> at an event in roanoke, virginia, mitt romney ended a political truce with president obama in the aftermath of hurricane sandy, while he avoided attacking the president during a series of stops across the state of florida, that was not the case here in virginia. romney went after what he often hears outside some of his events from some of the president's supporters who sometimes chant "four more years," romney said it should be more like five more days. and then he went after an idea the president floated out in recent days when mr. obama talked about potentially naming a secretary of business in a second term. here's what romney had to say. >> we don't need the secretary of business to understand business. we need a president who understands business, and i do. and that's how i'll help this economy
CNN
Oct 27, 2012 4:00pm PDT
like education and infrastructure for an economy built to last. that is what my husband stands for. that's the country he has been working to build for the last four years. those are his values. and let me tell you as first lady i have seen up close and personal just how critical those values are for leading this country. i have seen how the issues that come across a president's desk they are always the hard ones. the decisions that aren't just about the bottom line. but they're about laying a foundation for the next generation. and i have seen how important it is to have a president who doesn't just tell us what we want to hear, but who tells us the truth even when it's hard. especially when it's hard. >> and coming up, the first lady tells us about meeting the president, her marriage and spending her 20th anniversary on a double date with the romneys. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] afla
CNN
Oct 31, 2012 6:00am PDT
economy, of course. alison kosik. alison can't hear me. sorry, we're having technical difficulties there. you got the gist. >>> we're taking a closer look at the aftermath of superstorm sandy and the full scope of the devastation that's just now coming into view. these are new pictures that just fed into cnn moments ago. the storm's death toll just in the united states stands at 40. new york police say 22 people died in the city alone. take a look at this video from an nypd helicopter. across the region thousands of people had to be rescued from their flooded homes. many were chased to their rooftops to escape the rising waters. and today, as national guards troops roll into overwhelmed towns and villages, people are ask i asking when will things ever get back to normal? it seems so far out of reach right now. more than 6 million homes and businesses still without power. and many of those people who live along the northeastern corridor will be shivering because, you know, without electricity that means they don't have heat either. and they won't have heat for days and days to come.
CNN
Oct 27, 2012 2:00pm EDT
for america. we believe in the value of the largest middle class, the strongest economy the world has ever known. the promise that hard work will pay off, the promise that responsibility will be rewarded. the idea at the core of this nation that no matter who you are, no matter where you come from, no matter what you look like, this is a country where everybody gets a fair shot, and everybody does their fair share. everybody plays by the same rules. that's what we believe here in america. we believe that we are endowed by our creator with certain inalienable rights. we insist on personal responsibility. we don't believe anybody is entitled to success. we know we all have to earn it. we honor the strivers, the dreamers, the risk takers. everybody who has been the driving force behind our free enterprise system, the greatest engine of growth and prosperity the world has ever known. but we also believe that the true measure of prosperity is more than just a running tally of corporate balance sheets, quarterly profit reports. we measure prosperity not by how many millionaires and billiona
CNN
Nov 1, 2012 2:00pm EDT
own economy an your own life. do you have a job? does your spouse have a job? people are more likely to vote about their own situation. brooke? >> back to the numbers in the report. what is the possibility, alison, the numbers, additional 158,000 jobs added might be foreshadowing to what we get in the all-important jobs report tomorrow? >> the reality is adp missed many times. kind of meant to be an appetizer. as you said, the official labor department report comes out friday and counts both jobs in the private and public sectors. expectation there is not as rosy as adp. economists of cnn money said that they expect a gain of 125,000 positions last month but you know what? even with those gains, we are at this point where we're hardly adding enough to keep up with population growth much less bring down the unemployment rate in a significant fashion and with days before the election, both sides you can bet they find something to talk about in this report, you know, president obama can say it's better than 800,000 jobs losing taking office. romney, he can say that unemployment rate is
CNN
Oct 28, 2012 5:00pm EDT
fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. just announced additional $750 bonus cash on a 2012 chevy silverado all-star. trade up to get a total value of $8,750. bonus cash ends october 31st. >>> all right, welcome back, amtrak northeast service cancelled tonight at 7:00 p.m. eastern time. then in new york, mandatory evacuations are underway in zone a areas, including staten island and the rock aways. let's bring in meteorologist chad myers to talk about zone a, a lot of folks maybe don't even know they live in zone a, mayor bloomberg making it very serious, saying we're cutting off hot water and heat in those areas. there's the jfk then we start battery park city, all the way up manhattan and up the hudson to the east river here. we're talking just up the east river and downa little farther is the red book, these are all the low-lying areas that will be inundated with the expected surge and then across staten island. watch your stuff there, and there, even with zone a. >>> we're only showing thatborouthat b
CNN
Nov 1, 2012 9:00am PDT
error. we're in place of youngstown that has been destroyed by the economy over decades. this was the second biggest steeltown after pittsburgh. then lost steel. then oil factories. lordstown which nearly got crushed during the recession. it's back. it's got three shifts. it makes the chevy cruz, and they have fracking. some people say it brings earthquakes. some locals say so what, we need the jobs. i spoke to one supporter who is going to support president obama, but she still has problems with the economy. here's what she told me. >> it's very hard for me to talk to the younger generation or the generation that's my age when you say you went to college and you owe $60,000 in loans and you're not making no more than a person that's working at a mcdonald's. >> yeah. so that's kind of the thing that we're hearing a lot of around here. you know, they like obama, and but really jobs are going to be the most important thing. you know tomorrow morning the big jobs report comes out. that's going to be pivotal. >> when you listen to that young woman, that is really kind of an extraordinary
Search Results 0 to 49 of about 63 (some duplicates have been removed)